SOURCE / ECONOMY
State Council approves development plan for Hengqin Guangdong-Macao In-Depth Cooperation Zone
Published: Dec 14, 2023 01:18 AM
Photo taken on November 28, 2022 shows the Guangdong-Macao In-Depth Cooperation Zone in Hengqin, South China's Guangdong Province Photo: VCG

Photo taken on November 28, 2022 shows the Guangdong-Macao In-Depth Cooperation Zone in Hengqin, South China's Guangdong Province. Photo: VCG


China's State Council on Tuesday approved the development plan for the Guangdong-Macao In-Depth Cooperation Zone in Hengqin, South China's Guangdong Province, further accelerating the integration of the Macao Special Administrative Region and Guangdong Province.

The cooperation zone will advance the integrative development of Hengqin and Macao, expanding and diversifying the content of cooperation in order to effectively oversee the in-depth integration of Macao and Guangdong Province, said the State Council.

The State Council said the cooperation zone should focus on fostering emerging industries that can diversify Macao's economic structure, build a new home for Macao residents to work and live, and promote Macao's general development in accordance with the country's master development plan to further practice "one country, two systems."

The State Council required the Guangdong government to enhance communication with Macao and provide solid support, and the relevant department of the State Council pledged to strengthen guidance and related support.

China's central authorities on September 5, 2021 issued the general plan for building a Guangdong-Macao In-Depth Cooperation Zone in Hengqin, which was a major arrangement to enrich the practice of One Country, Two Systems. It will be an important driving force for Macao's long-term development, said the State Council.

Global Times